506 Mclaughlin St, RICHMOND, CA

$1,200,000

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3,594

Square feet

0.11

Acres

About 506 Mclaughlin St

506 McLaughlin Street presents a rare opportunity to acquire a well-maintained four-unit apartment building in Richmond, CA, consisting of (4) two-bedroom, one- bathroom residences. Built in 1950, the property sits on a 5,000 square-foot lot and features (3) three private garages, offering tenants or an owner-user valuable parking and storage that is difficult to find in comparable multifamily offerings. Ideally situated on the border of El Cerrito, the property offers excellent access to I-80 and nearby BART stations, along with convenient proximity to Home Depot, Target, and everyday retail. The location is also close to the Berkeley Country Club, adding to the desirability of the surrounding residential area. The investment appeal of this asset is anchored by Richmond's consistently strong renter demand and the property's outstanding regional connectivity with direct freeway and BART access providing tenants a quick commute to Berkeley, Oakland, San Francisco, and the broader Bay Area job market. This combination of steady rental fundamentals and unmatched accessibility positions 506 McLaughlin Street as an excellent investment opportunity for an owner seeking a stable, income- producing multifamily asset.

Features of 506 Mclaughlin St

MLS® # ML82055842
Price $1,200,000
Square Footage 3,594
Square Footage Assessor
Acres 0.11
Year Built 1950
Type Multi-Residential
Sub-Type Fourplex
Status Active

Community Information

Address 506 Mclaughlin St
Area Richmond - North & East
City RICHMOND
County Contra Costa
State CA
Zip Code 94805

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Parking Spaces 3
Garages Attached Garage
Is Waterfront No
Has Pool No

Interior

Heating Floor Furnace , Wall Furnace
Cooling Other
Fireplace No
# of Stories 2

Exterior

Roof Flat / Low Pitch
Foundation Concrete Perimeter, Crawl Space

Additional Information

Zoning Multifamily
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGabriel Manzanares
OfficeCompass
Contact Info415-634-9634

Listing Map

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